3068 Lake Worth Road
$2,750,000
3068 Lake Worth Road, Palm Springs, FL 33461
For Sale
Mixed Use
Active
Last Updated: 12/03/2024
4.6
Cap Rate
5,796 sqft
Building Size
Details:
Cap Rate: 4.6%
Building Size: 5,796 sqft
Lot Area: 0.9635 acres
Occupancy: 100%
Class: B
Units: 5
Lease Type: Triple Net
Year Built: 2004
Zoning: Commercial
Tenancy: Single
Roof: ["Mixed"]
Floor: ["Concrete"]
Restrooms: 4
Cooling: ["Attic Fan", "Exhaust"]
Description:
This building has four business tenants, to include the owner, who runs the Automotive Service Center Business. The building is being sold with all current tenants in place 1) Restaurant, 2) Accountant, 3) Auto shop, 4) Alignment bay, and 4) Three bedroom house in the back of the property. All are long term tenants with month to month rent. The Lake Worth Rd corridor is on fire. Located across the street from Palm Beach State College, and near JFK Hospital, Lantana Airport, and Lake Worth Swap Shop.
Location
Gallery
